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South Korea BoK Interest Rate Decision in line with forecasts (2.5%)
South Korea BoK Interest Rate Decision in line with forecasts (2.5%)
Fxstreet
Fri, Apr 10
EUR/USD weakens below 1.1700 as traders brace for US CPI data, US-Iran peace talks
The EUR/USD pair trades in negative territory around 1.1690 during the early Asian session on Friday. The Euro (EUR) weakens against the US Dollar (USD) as traders remain cautious about whether a fragile two-week ceasefire between the United States and Iran would hold.
EUR/USD
Fxstreet
Fri, Apr 10
GBP/USD grinds higher but 1.3450 resistance refuses to budge
GBP/USD added 0.31% on Thursday, pushing into the mid-1.3400s as the US-Iran ceasefire continued to weigh on the US Dollar. But the rally is starting to feel laboured.
GBP/USD
Fxstreet
Thu, Apr 9
AUD/USD climbs as ceasefire rally meets a PCE wall
AUD/USD rose 0.56% on Thursday, extending its winning streak to four sessions as the ceasefire-driven risk rally continued to lift the Aussie Dollar.
AUD/USD
Fxstreet
Thu, Apr 9
NZD/USD surges as geopolitics and Fed stance favor the Kiwi
The NZD/USD pair is trading muted near 0.5860 on Friday, after climbing for four straight days, hovering near recent highs as the US Dollar (USD) remains supported by a combination of geopolitical tensions and a cautious Federal Reserve outlook.
NZD/USD
Fxstreet
Thu, Apr 9
EUR/USD nears 1.1700 as truce hopes and weak Dollar lift pair now
The EUR/USD edges higher by some 0.33% as risk appetite improves, as Israel and Lebanon seem ready to begin peace talks, even though hostilities continued. This weighed on the US Dollar, which is on the back foot, down 0.18% according to the US Dollar Index (DXY).
EUR/USD
Fxstreet
Thu, Apr 9
AUD/USD extends gains as US-Iran ceasefire keeps Dollar under pressure
AUD/USD edges higher on Thursday, extending gains for a fourth straight day as hopes of de-escalation following the US–Iran ceasefire keep the US Dollar (USD) on the defensive, lending support to the Australian Dollar (AUD).
AUD/USD
Fxstreet
Thu, Apr 9
USD/JPY Price analysis: PCE inflation and resilient US data reinforce USD strength
The USD/JPY pair trades firm near the 158.90 handle on April 9, as today’s United States (US) data, particularly the Personal Consumption Expenditures (PCE) report, reinforced the “higher-for-longer” narrative around Federal Reserve (Fed) policy.
USD/JPY
Fxstreet
Thu, Apr 9
Canadian Dollar rebounds, but is the ceasefire rally already fading?
USD/CAD has shed nearly a full percent since the start of the week, sliding from the 1.3965 area to trade near the 1.3800 handle on Thursday.
USD/CAD
Fxstreet
Thu, Apr 9
GBP/USD tops 1.3400 as fragile truce keeps Sterling bid aloft now
The GBP/USD advances past the 1.3400 figure as risk appetite deteriorates, as the Middle East conflict seems fragile, as Israel strikes Lebanon, and as they prolong its conflict with Hezbollah. At the time of writing, the pair trades at 1.3441, up 0.36%.
GBP/USD
Fxstreet
Thu, Apr 9
EUR/USD gains as Dollar weakens, traders eye US CPI and US-Iran negotiations
The Euro (EUR) trades on the front foot against the US Dollar (USD) on Thursday as the Greenback remains under pressure following the US-Iran ceasefire and hopes for de-escalation. At the time of writing, the pair is trading around 1.1676, extending gains for the fourth straight day.
EUR/USD
Fxstreet
Thu, Apr 9
GBP/USD: Recovery holds with upside targets – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report that the Pound (GBP) is consolidating Wednesday’s strong rebound versus the US Dollar (USD), with domestic risk limited ahead of upcoming Bank of England (BoE) speeches and data.
GBP/USD
Fxstreet
Thu, Apr 9
USD/JPY: BoJ stance and weak Japan confidence – BNY
BNY’s Head of Markets Macro Strategy Bob Savage flags that USD/JPY is firmer as BoJ Governor Ueda reiterates accommodative policy and markets price a modest rate hike.
USD/JPY
Fxstreet
Thu, Apr 9
EUR/GBP Price Forecast: Holds above key SMAs within wedge pattern
EUR/GBP trades in a tight range on Wednesday, with subdued price action as traders refrain from placing aggressive directional bets amid uncertainty over whether the US-Iran ceasefire will hold.
EUR/GBP
Fxstreet
Thu, Apr 9
EUR/GBP: Sterling faces downside risks – ING
ING’s Francesco Pesole sees limited further downside in EUR/GBP after the cross fell to 0.870 on Sterling’s (GBP) sensitivity to the equity rally.
EUR/GBP
Fxstreet
Thu, Apr 9
NZD: RBNZ warns on upside inflation risks – BNY
BNY’s Head of Markets Macro Strategy Bob Savage reports that Reserve Bank of New Zealand (RBNZ) Governor Anna Breman signaled readiness to hike rates if core inflation accelerates, citing upside risks from higher fuel prices tied to Middle East tensions.
NZD/USD
Fxstreet
Thu, Apr 9
NZD/USD Price Forecast: Trades firmly as US-Iran confirm visit to Pakistan for talks
The NZD/USD pair trades 0.2% higher to near 0.5835 during the European trading session on Thursday.
NZD/USD
Fxstreet
Thu, Apr 9
USD/CHF wavers above 0.7900 amid a shaky ceasefire in Iran
The US Dollar (USD) nudges higher against the Swiss Franc (CHF) on Thursday and consolidates above 0.7900 after bouncing from a low of 0.7870.
USD/CHF
Fxstreet
Thu, Apr 9
JPY: Investor flows signal shifting bond appetite – MUFG
MUFG’s Head of Research Derek Halpenny highlights that Japanese investors, especially banks and life insurers, were heavy sellers of foreign bonds in February and March, likely including USTs and EGBs, with record two‑month net sales.
USD/JPY
Fxstreet
Thu, Apr 9
Japanese Yen underperforms as oil prices gain ground
The Japanese Yen (JPY) underperforms its major currency peers during the European trading session on Thursday, with the USD/JPY pair trading 0.3% higher to near 159.00.
USD/JPY
Fxstreet
Thu, Apr 9
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